Shiba Inu, despite undergoing a bearish correction, shows promise according to the latest on-chain data. This data reveals a notable increase in activity among large holders, also known as whales.
The activity among these major market players has surged by an impressive 3,840% in the past 24 hours. This is reflected in the large holder netflow data provided by IntoTheBlock, a notable analytics platform.
This surge might indicate future positive movements for Shiba Inu, hinting that something substantial could be on the horizon in the next few days.